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Regulatory Clampdown — Alaska and Florida Order Binance US to Cease Operations
29.1.2024
A recent report indicates that regulatory authorities in Alaska and Florida have prohibited Binance US from operating within their jurisdictions. This development comes in the wake of Binance, along with its previous CEO Changpeng Zhao, reaching a plea agreement with the U.S. government. Alaska...
“A Calamity for Human Rights” – Robert F. Kennedy Jr to End CBDC Development if Elected President
29.1.2024
United States Presidential candidate Robert F Kennedy Jr said a Central Bank Digital Currency (CBDC) would lead to government control over personal finances and vowed to end all efforts towards its development. In a recent video posted on X (formerly Twitter), Kennedy highlighted his plans...
Dogecoin Price Prediction as Bearish Sentiment Looms – A Downward Trend in Store?
29.1.2024
The Dogecoin price has jumped by 2.5% in the past hour, rising to $0.08049 following a poor weekend for the meme coin and the wider crypto market. Despite this morning’s lift, DOGE recent bad fortunes mean that it’s flat in the past 24 hours, down by 2% in a week and also down by...
South Korean Web3 Music Service Somesing Loses $11.58 Million in Token Exploit
29.1.2024
Somesing, a popular blockchain-based social karaoke platform in South Korea, has fallen victim to an exploit resulting in the loss of approximately $11.58 million. In a recent Medium post, the platform revealed that 730 million of its native token SSX had been compromised. The attack targeted...
Stellar Delays Smart Contract Upgrade Following Bug Discovery
29.1.2024
The Stellar Development Foundation (SDF) has postponed its scheduled smart contract upgrade after discovering a bug in the upgrade. According to a recent announcement published by the Stellar Development Foundation, the Protocol 20 upgrade, originally slated for a Jan. 30 launch, was delayed...
Decentralization to Secure Crypto Assets: Interview with Billy Mullins
29.1.2024
MatterFi, a decentralized digital asset wallet solution focused on security and efficiency, seeks to raise the bar regarding custody integration, faster transactions, and wider crypto adoption. In a recent press release, the company announced Billy Mullins as its new Chief Technology Officer (CTO)...
Market Strategist Gareth Soloway Eyes $15K Bitcoin in Event of Stock Market Slide
29.1.2024
In a recent interview with Gareth Soloway, the chief market strategist at verifiedinvesting.com, Soloway suggested that bitcoin might revisit the $15K level should a significant stock market sell-off occur. Soloway Predicts Potential Bitcoin Dip to $15K Two days ago, in a freshly released Youtube...
Coinbase Nears Historic 1 Million Bitcoin Milestone Amid Rise in Reserves and ETF Activity
28.1.2024
Recent data reveals Coinbase Global is on the brink of holding 1 million bitcoins, requiring just an additional 5,019 bitcoins to cross this significant milestone. In the preceding fortnight, Coinbase has witnessed its bitcoin reserves grow by 16,404 bitcoins, inching closer to this noteworthy...
Bitcoin Price to Hit $200,000 by 2025: Standard Chartered – Can Green Bitcoin Outperform BTC?
28.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Standard Chartered Bank predicts significant inflows into the market with the approval of BTC ETFs. In a recent report, the bank noted that there will be inflows of $50 billion to $100 billion this...
Bitcoin and Ethereum Price Prediction as BTC Rallies 10% From Recent Bottom and ETH Sees $5 Billion Flood In – Time to Buy?
28.1.2024
In the dynamic world of cryptocurrency, Bitcoin’s price prediction seems bullish, especially as it experiences a noteworthy upswing, currently trading at $42,220, marking a nearly 1% increase on Sunday. This positive trend in Bitcoin’s valuation coincides with a high-ranking...
Could this $0.09 token be the next Solana? Whales are already taking positions
27.1.2024
Solana (SOL) has been one of the most recent success stories in the cryptocurrency market, rising more than 700% between January 2023 and January 2024. However, a recent pullback has paved the way for a new breakout star with similar or better potential.Retik Finance (RETIK) is a fairly...
BlackRock’s IBIT ETF Soars: Surpasses $2 Billion Market Cap in Crypto Milestone
27.1.2024
BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF) has achieved a significant milestone by surpassing $2 billion in assets under management (AUM) just two weeks after its launch on the Nasdaq. The ETF, known as the iShares Bitcoin Trust (IBIT), has seen its market capitalization reach $2.11...
$867 Million Erased — Grayscale’s GBTC Experiences Record 20,803 Bitcoin Reduction in 24 Hours
27.1.2024
Recent data from Grayscale’s GBTC spot bitcoin exchange-traded fund reveals a significant reduction in its holdings, with 20,803.83 bitcoin, valued at $867.98 million, being withdrawn from the fund’s reserves. This substantial outflow, occurring over the past 24 hours, marks the most...
Bitcoin and Ethereum Price Prediction as BTC Bounces 5% and ETH Pushes Past $2,200 – New Rally Starting?
27.1.2024
Bitcoin and Ethereum are charting a renewed path in the cryptocurrency markets, signaling a potential rally. On Saturday, Bitcoin saw a noteworthy rise, trading at $41,833, marking over 4% increase. The recent call for enhanced regulation by the chair of the CFTC, specifically targeting concerns...
Ethereum Foundation Reveals Finalized Dencun Upgrade Timeline
26.1.2024
In a recent announcement by the Ethereum Foundation, the Ethereum blockchain network is set for a major enhancement through the introduction of Dencun. The foundation elaborated that Dencun is scheduled to launch on the Sepolia network at epoch 132,608 on Jan. 30, 2024, and will subsequently...
Bitcoin Mining Rig Maker Canaan Secures $50 Million In Preferred Shares Sale
26.1.2024
Bitcoin (BTC) mining rig manufacturer, Canaan Inc has raised $50 million in a new funding round by selling preferred shares. The company disclosed the development in a recent filing at the Securities and Exchange Commission (SEC) stating that funds raised will be deployed to expand research...
Crypto Companies Leverage AI Despite Ongoing Challenges
26.1.2024
Recent statistics show that the artificial intelligence (AI) market size is expected to reach over $3 billion this year. Therefore, it shouldn’t come as a surprise that a number of crypto-focused companies have started to incorporate AI into their products. Why companies are combining crypto with...
As Decentraland and Injective Face Uncertainty, NuggetRush Emerges as a Potential Game-Changer
26.1.2024
TLDR Decentraland (MANA) has experienced recent price volatility, with a 13.5% spike followed by a 12% correction in the market cap. Despite facing a bearish trend in the crypto market, MANA remains innovative, offering a virtual reality platform for creating, experiencing, and monetizing content....
As Leia Meme Coin Pumps Up 20,000%, This Viral Coin is About to List on Exchanges
26.1.2024
In the latest Solana meme coin pump, Leia token has shot-up +20,000%. Here’s the most up to date LEIA price analysis as well as a look into the next coin that may be about to explode. Indeed, this LEIA price pump comes as recent months have seen a huge trend in explosive DEX-traded token moves...
Many Bitcoin Miners Struggle to Make Profits: Cantor Fitzgerald
26.1.2024
Bitcoin mining is getting less profitable as many publicly traded miners might face potential profitability challenges following the next Bitcoin halving event. According to a recent report by Cantor Fitzgerald, 11 major mining companies, including Marathon Digital (MARA), Riot Platforms (RIOT)...